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United States Dollar Index declines amid easing safe-haven demand

The US Dollar Index (DXY), which measures the value of the US Dollar (USD) against six major currencies, is extending its losses for the second successive day and trading around 99.90 during the Asian ...

British Pound weakens as US Dollar gains despite easing safe-haven demand

GBP/USD edges lower after registering modest gains in the previous day, trading around 1.3450 during the Asian hours on Wednesday.

Euro edges lower below 1.1550 on Hormuz uncertainty

The EUR/USD pair trades with mild losses near 1.1530 during the Asian trading hours on Wednesday. Uncertainty surrounding US-Iran talks weighs on riskier assets such as the Euro (EUR) against the US D ...

China’s RatingDog Services PMI eases to 50.4 in July, vs. 53.7 expected

China's Services Purchasing Managers' Index (PMI) declined to 50.4 in July from 54.1 in June, the latest data published by RatingDog showed on Wednesday. This figure came in weaker than the market exp ...

China RatingDog Services PMI came in at 50.4, below expectations (53.7) in July

US Treasury Secretary Bessent: Many Asian currencies track Yen now, including Won and Yuan

US Treasury Secretary Scott Bessent said that the weakness of the Japanese Yen (JPY) has contributed to Japan’s inflation problem and raised the risk of broader depreciation of Asian currencies, Bloom ...

Japan Jibun Bank Services PMI came in at 51.2, below expectations (51.9) in July

RBI set to keep interest rates unchanged as inflation risks persist

The Reserve Bank of India (RBI) is set to announce its bi-monthly monetary policy decision on Wednesday at 10:00 AM IST (04:30 GMT), another meeting coming at a time when uncertainty remains high over ...

Gold edges lower below $4,100 as markets focus on US-Iran talks

Gold price (XAU/USD) declines to near $4,070 during the early Asian session on Wednesday. The precious metal fluctuates as traders weigh the Federal Reserve’s (Fed) interest-rate path amid uncertainty ...

EUR/JPY Price Forecast: Rebound stalls below 200-day SMA

The EUR/JPY buyers stop the bleeding after three consecutive days of losses, registering modest gains of 0.56% on Tuesday. At the time of writing, the cross-pair trades at around 181.90 after US and J ...

USD/CHF Price Forecast: Trendline break puts 50-day SMA in focus

The USD/CHF retraced on Tuesday, down 0.16%, as the US Dollar weakened amid improved risk appetite, driven by renewed hopes of a US-Israel peace deal to open the Strait of Hormuz. The pair trades belo ...

Singapore Dollar: Gains risk watched below 1.2790 against US Dollar – UOB

United Overseas Bank’s (UOB) Quek Ser Leang notes USD/SGD’s recent downside bias has faded after a dip to 1.2790 and recovery to 1.2827.